A $12 million settlement was reached in a lawsuit filed by the Federal Trade Commission against National Foreclosure Relief Inc. A $60 million lawsuit was filed in October by California’s attorney general against US Loan Auditors. In Florida, the U.S. Department of Justice announced that Peter James Porcelli II was sentenced to prison and hit [...]
Posts Tagged ‘Litigation’
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Costly Litigation for Foreclosure Firms
December 11th, 2010 
davidguide 
Posted in Business Loans 
Tags: California, Commission, Costly, Federal, federal trade commission, Firms, Florida, Foreclosure, foreclosure relief, Lawsuit, Litigation, National, national foreclosure, Peter James Porcelli II, porcelli, settlement, Trade, U.S. Department, US 
Comments OffSecondary Buyers in Litigation with Texas
November 17th, 2010 davidguide Enhance Mortgage Corp. and Templeton Mortgage Co. sued the Texas attorney general’s office alleging that the attorney general’s consumer protection division was making false allegations and threats through misuse of the state’s Deceptive Trade Practices-Consumer Protection Act. The attorney general countered with a suit accusing the two mortgage businesses and company officers of violating the [...]
Posted in Business Loans Tags: Attorney, Buyers, Consumer, consumer protection act, consumer protection laws, deceptive trade practices, Enhance, false allegations, General, Litigation, Mortgage, protection, Secondary, Texas, texas attorney general Comments Off
